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 Carol Mellon and Marie Pennington-Buonanno Join  Hersha
Hospitality Management as Regional Directors of Sales
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May 24, 2006 - Hersha Hospitality Management (HHM), a hotel management company of nationally franchised, midscale and upscale hotels in the eastern United States, announced today that Carol Mellon and Marie Pennington-Buonanno have joined HHM as regional directors of sales. Mellon will be responsible for sales activity in the New Jersey and Philadelphia markets, while Pennington-Buonanno will oversee sales efforts in the Connecticut and Massachusetts markets. Collectively, they will manage sales activity at eighteen important and highly productive properties within HHM's portfolio.

"Carol and Marie bring a combined thirty years of hospitality industry experience to HHM, including senior-level leadership on property and national level sales teams at full-service, select-service and extended-stay hotels," said Craig Stechman, HMM vice president of sales and marketing. "Each will spearhead and augment our existing sales efforts in an important cluster for HHM, and reinforce our focus and investment on sales leadership across our portfolio."

Prior to joining HHM, Mellon served as vice president of sales and marketing at Growth Properties, a Philadelphia, Pa.-based full-service hotel management company, focusing on sales management and acquisition of new third- party management contracts. Mellon previously served as northeast regional director of sales for Innkeepers Hospitality, a national hotel management company based in Palm Beach, Florida. While there, she oversaw sales in the Northeast Corridor and served as director of strategic partnerships across the portfolio's Marriott and Hilton hotels. Mellon is an active member of the Philadelphia Chapter of Hospitality Sales and Marketing Association International (HSMAI). She also has a BA in Political Science from Temple University.

Prior to joining HHM, Pennington-Buonanno served as assistant director of sales for the Interstate Hotels and Resorts owned Marriott Hotel in Trumbell, Connecticut. In this role, she directed the RFP process, business transient sales and national accounts and contracts. Pennington-Buonanno previously served in various sales and marketing roles at Innkeepers Hospitality, including national director of sales, where she launched the "National Sales Initiative" for their entire portfolio, overseeing 78 properties nationwide across all leading hotel brands. Pennington-Buonanno is an active member of the Society of Government and Travel Professionals (SGTP) and the Connecticut Business Travel Association (CBTA).

Hersha Hospitality Management is a hotel management company providing operations and development services to upscale and mid-scale hotels with strong, national franchise affiliations in the eastern United States. The company currently provides hotel management services and asset management services to more than 50 hotels in the top markets in the nation, including metro Boston, Connecticut, New York City, New Jersey, Philadelphia, metro Washington D.C., and Atlanta. For more information, please visit http://www.hershahotels.com/.

Certain matters within this press release are discussed using forward- looking language as specified in the Private Securities Litigation Reform Act of 1995, and, as such, may involve known and unknown risks, uncertainties and other factors that may cause the actual results or performance to differ from those projected in the forward-looking statement.

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Contact:

HershaHospitality Management
http://www.hershahotels.com/

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